# Niobium buyer markets and demand | HS 261590 | Yugalinks

China is the largest reported buyer market in this view, with imports of $219.6M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $219.6M | +17.3% | 37 | Rwanda |
| USA | $40.2M | -1.5% | 17 | Australia |
| Thailand | $34.5M | -2.2% | 13 | Brazil |
| United Arab Emirates | $22.7M | -0% | 7 | Rwanda |
| Malaysia | $20.1M | +2.2% | 13 | Congo, Rep. of the |
| China, Hong Kong Special Administrative Region | $17.6M | +37.8% | 10 | Rwanda |
| Germany | $12.7M | -5% | 16 | Brazil |
| Taiwan | $9.0M | +12% | 9 | Canada |
| Singapore | $8.9M | -2.2% | 6 | Rwanda |
| Netherlands | $8.0M | +240.5% | 11 | Mozambique |
| Viet Nam | $5.6M | -4.6% | 10 | Republic of Korea |
| Kazakhstan | $4.5M | +46.6% | 7 | Democratic Republic of the Congo |
| Belgium | $4.5M | +5.8% | 6 | Rwanda |
| Australia | $4.5M | +163.4% | 6 | France |
| India | $4.1M | -6.5% | 10 | Canada |
| Kenya | $3.1M | +4.7% | 1 | China |
| Spain | $3.0M | +36.9% | 6 | Senegal |
| Luxembourg | $2.1M | +34.2% | 3 | Rwanda |
| Cambodia | $2.0M | +81.7% | 4 | Canada |
| Japan | $1.7M | +34.3% | 9 | Burundi |
| Myanmar | $1.5M | +239% | 1 | Malaysia |
| Gambia | $1.5M | 0% | 1 | USA |
| Latvia | $1.3M | -26.2% | 6 | Lithuania |
| Lithuania | $1.2M | +6.8% | 12 | USA |
| Switzerland, Liechtenstein | $1.2M | -12.5% | 2 | Rwanda |
| Brazil | $655.0K | +38.3% | 3 | Nigeria |
| Portugal | $578.9K | +5.8% | 3 | Spain |
| Republic of Korea | $536.8K | +10.6% | 7 | Canada |
| Italy | $503.6K | -18.8% | 6 | Spain |
| Eswatini | $452.2K | +50.7% | 1 | Democratic Republic of the Congo |
| Tajikistan | $422.1K | +79.4% | 1 | Russia |
| Austria | $377.1K | -6.4% | 20 | Rwanda |
| New Zealand | $351.9K | +367.3% | 2 | South Africa |
| Canada | $273.4K | +7.6% | 6 | USA |
| Armenia | $218.3K | +11.4% | 1 | Latvia |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $215.1M | $13,192.91 |
| Thailand | 2023 | $89.6M | $3,680.11 |
| USA | 2023 | $45.6M | $20,478.82 |
| Malaysia | 2023 | $37.5M | $20,564.38 |
| Kazakhstan | 2023 | $28.5M | $9,201.45 |
| Japan | 2023 | $26.2M | $2,108.01 |
| Germany | 2023 | $18.4M | $37,895.97 |
| China, Hong Kong Special Administrative Region | 2023 | $15.2M | $12,108.07 |
| Other Asia, nes | 2023 | $14.3M | $1,114.83 |
| United Arab Emirates | 2023 | $7.3M | $263.98 |
| Spain | 2023 | $6.0M | $1,783.97 |
| Latvia | 2023 | $5.8M | $1,934.35 |
| Viet Nam | 2023 | $4.8M | $1,343.29 |
| India | 2023 | $3.4M | $6,871.37 |
| Singapore | 2023 | $2.5M | $101,781.81 |
| Saudi Arabia | 2023 | $2.4M | $175.03 |
| Republic of Korea | 2023 | $2.2M | $1,336.58 |
| Lithuania | 2023 | $1.8M | $882.59 |
| Cambodia | 2023 | $1.4M | $933.46 |
| Netherlands | 2023 | $904.8K | $3,218.16 |

_Source: reported merchandise trade data. Updated 2026-08-14._